Mexican Banks and Foreign Finance : From Internationalization to Financial Crisis

Explores the factors driving the international expansion of Mexican commercial banks, as well as its repercussions for the health and condition of the domestic banking system

Reconstructs the mechanism employed by the banks to intermediate foreign liquidity with final borrowers, and examine the risks and vulnerabilities they created in doing so

Analyses the impact of the exposure of the domestic banking system to the 1982 debt crisis and, specifically, how the banks situation affected the renegotiating position of Mexican officials with their international creditors